Atlantic Home Mortgage has launched Lendtrain, a platform that enables homeowners check an estimated refinance quote online in about 30 seconds. According to the Alpharetta, Georgia-bases company, Lendtrain shows estimated wholesale refinance rates, estimated closing...
Gen Z accounted for one in five purchase mortgage rate locks in the second quarter, the largest share on record, according to a new data report from Intercontinental Exchange Inc. (NYSE: ICE). The report found this youthful generation represents nearly one-third of...
Mortgage rates declined in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.43% as of July 2, down from last week when it averaged 6.49%. A year ago at this time, it averaged 6.67%. The...
Mike Kortas, founder and CEO of the mortgage lender NEXA, has announced the launch of evoLend, a mortgage servicing company. The new company is being promoted with the pledge “to put loan officers back in control of the borrower relationship after closing.” Unlike...
Mortgage application activity inched up slightly for the week ending June 26, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, recorded a very mild 0.04% uptick on a...
Purchase loan closing costs declined nationwide by an average of 2.9% from 2024 to 2025, according to a new data report released by LodeStar Software Solutions. The decline was attributed to a drop in home prices, which reduced transfer tax burdens across many...
